i love ben affleck. i am alone in that. everyone else is miserable. that's all we have for you. we hope you made "money" today. if we will be back. 5:00 p.m. eastern. have a great weekend. dennis: hello, everyone. ten years ago microsoft was the highest valued company in the world. now it struggles to keep up with the rest. its longtime ceo is leaving within a year. there is not a clear successor in place. and microsoft revive itself, reinvent itself? what to make of the steve ballmer era. a day after that three hour flash freeze on the nasdaq, what is more embarrassing, the outage is self, or the way nasdaq handled it with investors and company in the media? will more regulation make any difference? is your dishwasher spying on you? how about your security system? we will take a look at how

household appliances is new. we are watching out tonight on "the willis report." ♪ what a week. i don't know about you, but i am emotionally drained. the massive shake-up that microsoft. ceo steve ballmer stepping down after a lackluster career of product flops and missed opportunities. within minutes of the disgraced ceo announcement microsoft stock soared, which is really kind of rude and hurtful. joining me now for analysis, paul carroll, a partner at the devil's advocate group, martin greenberg, founder and ceo of under 11 and the senior editor at of things drizzle. well, where to begin. let's start with you. i am not sure how we interpret this. a total disaster for a guy you manage to retain a 90 percent

monopoly in microsoft's original business despite huge changes. >> i fall on the side of saying that microsoft fail to innovate when the time came. when the ballmer era began it was basically what began as the most valuable company in the world, as you said in a set up. basically fallen to an era of malaise. gerri: let's look at one chart. microsoft. the s&p 500. basically 23 years of going down , down, down whereas the s&p 500 went up a bit. in fact and we have figures. while microsoft fell 42%, nasdaq fell 6%. two big crashes. s&p 500 rose 15%. by definition, is a polymer of failure? >> he struck out. they're for 12 years.

to slow, to copycat like. jeff is on the cover of fast company this week. if there was a publication called slow company will feature it steve. dennis: you guys are tough. let's go out to paul carroll. since you are not steeped in this atmosphere of hatred here in new york and way out there out west, let's see if you will take a kinder view of the bomber era. what do you say? >> i do take a longer view. i have known steve since 1996. if you take a look over the whole history, he was number two or number three guy in creating a business with $300 billion of market value and he personally has a network of about 11 billion. that is not bad, but i certainly agree that over the last 15 years microsoft has fallen prey to the kind of stuff that they complained about with ibm back when i came into all of this in '86. they have been just as slow and

lackluster in innovation. dennis: by the way, paul carroll wrote big blues, this diagnosis of what went wrong. i remember when they were getting killed by microsoft and microsoft that killed. now one wonders whether there will get killed by facebook. let's follow up on something. i talked to one guy. two charts. take a look get this. the windows phone. kind of a bust. the surface tablet just resulted in a $900 million loss. we have a chart on this. windows eight. customers just revolted. they hate change. let's look at another set. i want you to speak to this. internet search. once a company misses these, does it have to play -- play catch-up? >> it is playing catch up and

trying to create. the question is what. microsoft is nowhere in social. facebook, twitter. dennis: too late to catch up? >> not even worth trying. so let's just leave that as it is. microsoft is nowhere in mobile. it was steve ballmer who said apple has no chance of catching market share in the smart phone business. so -- dennis: their only ally with nokia. >> one other matter, ballmer presided over the erosion of $330 billion. it was 600 million the day before he took over, the day before he announced retirement it was 269. dennis: is that even fair? he took over january 2000. the nasdaq was at 5,000. never even got close to that. is this unrealistic? >> a lot of ups and highs. i just want to point out, i do not have this on. this iphone generated more

income for apple then all of the income combined for microsoft. that is an astounding point. a single year. dennis: is that correct? >> about right. dennis: maybe it is time to go back to bill gates. >> in the developing world literally saving lives. maybe it's time he'd more involved, pick a new ceo and give some of the founder energy. the startup, not like a big. dennis: paul carroll, can any huge multibillion-dollar company -- look at this video. this is well about this man. a cheerleader, fierce. a believer. as a supersalesman. looked at him. this microsoft sales. i love this. as it turns out that you need some kind of steve jobs bill gates visionary to run one of these companies? >> you can. it is hard for big companies.

they tend to be dominated by franchisees, windows and office. the same way that ibm was dominated by the mainframe. i would say that read hastings, netflix, jeff were the only ones that were consistently able to reinvent their businesses. if you look around as i have for a book that is coming out in a couple of months on the new killer apps, there are ways that as a big company you can take a look at what you've done, build on the asset and move the obstacles of the way. it is possible. dennis: as it turned out your success is going to stop you from succeeding? will they get moved out? >> it's entirely possible. this effort just as much as any other company. ibm, storage companies before. it has this established business of windows and office and all of these other things that continue

to generate large amounts of cash. the new ideas have a tendency to get in the way and not be executed well because they're interfering with the ability to make money. dennis: the bigness and the scale that is part of what makes the company a big hero instead being what drags you down like a greek tragedy. how about some real boldness, bringing in a total outsider and break up microsoft, spin off the $6 billion a year consumer business. what do you say to that? >> from a business perspective it might be a winner. from the marketing, brand perspective. let's remember, microsoft is still an iconic brand. a lot of consumers will see that as defeat. instead, i think they should continue to be brutally honest. i don't know if you saw, but there was a campaign for internet explorer which said the internet explorer sucks. internet explorer sucks less. this was produced by microsoft. in other words, they new consumer sentiment was against

them. instead, they were brutally honest. they need to do more of that to regain the trust of consumers. dennis: what do you say? time to go for an outsider, time to split up and break up microsoft. >> i definitely think it's time to go for an outsider and the boulder. in some ways i think gerstner was lucky. he camm in when he did, but he certainly was a real breath of fresh air, and that think they could use a figure like that at microsoft. dennis: and then paul will be able to do a sequel. one last note, we used to do 30th birthday parties together back when we both worked at the wall street journal. just a few years ago. you guys were great. thank you for being with us tonight. >> thank you very much. dennis: a lot more still to come, including a tough take on the consumer financial protection bureau, the most dangerous bureaucracy in the world. next, the cbs war with time warner cable. things are getting only more

petty and better. how many more channels have to go dark before some heavy-handed regulators steps in? we will hear from a guy who just quit as a commissioner at the fcc. ♪

long weeks. that is how long cbs has been dark in over 3 million homes in new york, l.a., and dallas as it fights over fees with time warner cable. today tw see when nuclear, offering subscribers free indoor antennas so they can receive cbs the old-fashioned way over the airways. time for the sec to step in? with more on this, robert mcdowell who quit only weeks ago as a member of the fcc. good to see you. first of all, tell us what you think about this fight now in day 21 after that one hour reprieve last night in new york so they could show eliot spitzer in a debate. what do you think about this verses other recent fights? especially nasty, par for the course? >> most of these get resolved without any controversy or news

worthiness or news coverage whatsoever. this one is among the nastier ones. there was one about three years ago between fox and cablevision. that was a pretty nasty one with full-page ads in the new york times and the "wall street journal" doing. but the vast majority of these things get signed without any controversy and no one even knows. dennis: now, some people are asking why the sec has stepped in. these guys never saw a few that did not want to get into and regulate. when might they do it? >> well, the sec does that have the legal authority to do very much of anything. dennis: that doesn't stop them. go ahead. >> it has not stopped them before. i know from my seven years at the sec, personal experience. it's a bit of a tar baby once you try to mediate these disputes between cable and broadcasters. they stopped talking to each other at that point. the talks break down. the way for the government to do

something, even though they know that the government won't. just in case they stop. and so then that increases the likelihood that broadcast signals will be pulled from cable systems and the consumers are left in the dark. as we are now learning from the time warner cable offer, you can get the signals for free over the air if you use an antenna the old-fashioned way. dennis: and if you like lots of snow. have you ever tried to receive and over the error signal in new york city? it is not easy. if these guys don't grow up and put away their testosterone, aren't they risking that the sec or congress will get involved? we already have senator john mccain. let people pay. these guys running a real risk here that the government will come in and start pushing them around? >> so cable companies will urge senators and congressmen to write the fcc. consumers from back home will

also call their congressman to say they want cbs back on their cable system. and that can lead to a congressional action or at least strongly worded letters from the senate to get the sec to act or the introduction of legislation. you know, it's very hard for congress to agree on almost anything, including things they're supposed always agree on like budgets. something this controversial and contentious and complex is going to be hard for congress to do. look to the fcc to see if the new chair who could be sworn in sometime in the fourth quarter, tom wheeler, will he try to get the sec to act in this area? dennis: of course they have tried to poke their nose into other tense. it went after comcast. you're not allowed to charge higher fees for carriage to people. and then two or three federal court rulings. way overstepping.

well, the a fearless forecaster. what happens to end this thing? >> the market will work. nfl season is coming as of september the eighth. that is most c programming. incentive for both sides to resolve this dispute before the nfl season heats up. viewers want to watch those games. there will want to reach a deal. it is all about money. so i think it will be resolved. there will be resolved. dennis: all right. faith in football. thank you for being with us. >> site you having me. dennis: good weekend to you. later in the show, a day after the nasdaq shut down for three long hours, we still have more questions than answers. next, they are supposed to be looking out for the little guy, but we will show you how the new consumer financial protection bureau actually could be making things worse.

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dennis: coming up next, yet another federal agency running wild with power. we have the details of the government over region 60 seconds.

♪ dennis: it's supposed purpose is to empower and protect the consumer, but is the new consumer financial protection bureau taking its power to far? with more on this, a partner at the law firm ballard spark. thank you for being with us. i am a real fan of the e-mails your firm sends out. you're watching this bureau like crazy, and they seem to be

staring thousands of small businesses as well as some large businesses. what we go into a couple of areas where they're doing some things as car with swipe fees. did they have a dog in that fight? >> an excellent question. the federal reserve came back to a ruling that came out earlier this month that said that the federal reserve said swipe fees too high for debit cards. and so the federal reserve came back and said that they are interested in appealing at. from the perspective of the cfpb, whether they have a dog in this fight, it is something that will watch closely. possible that they will file an amicus brief in this particular area on the litigation with the federal reserve court. however, i think that they have other things to focus on. but the concern that they would have certainly is that every time the consumer uses a debit card their is a feat that is

tied to that debit card. and often that is passed directly to the consumer and certainly that is something that the cfpb is watching closely. dennis: when congress decided that those fees are too high and american express and visa are so mean and then cap the fees, the bank's turnaround in raised fees on using debit cards straight to consumers anyway. maybe they should let the free market decide. if the store does not want to take american express, let it. moving on to another topic, what about this database of individual consumer financial information and cooperation, basically on every consumer in the country. this sounds kind of nsa. >> it is not every consumer, but it is definitely a random set of many consumers in the country. and the points that the cfpb is trying to make with this database is in the working in cooperation with one of the credit bureaus to pull individual consumer affirmation

and then require financial institutions to provide individual a confirmation on those consumers so that the cfpb can put together a database that they claim could then be used to really understand the mortgage market. this seems to make a lot of sense from that perspective. the question really is, is it necessary to be focused on individual consumers at the individual level? dennis: yes. >> a big step for the government to be taking that kind of approach. dennis: and if the government wants the information, how about the come and ask me instead of asking my bank. i've also read that i believe that the consumer bureau has sent out requests, thousands of small businesses. some hardware store as a credit account for customers, they want to know about the interest rates . these are people not accustomed to hearing from some federal agency which has no control over its power by congress.

total budget authority on its own. >> that's right. the budget is a part of the federal reserve and congress. in allocations process cannot control the behavior of the cfpb through funding. and as to go into the small businesses and asking them about their credit behavior, it is an interesting perspective and certainly these are businesses that are not used to having to deal with the regulator. it can seem very intrusive. putting it in a different way of thinking, understanding what smaller businesses to versus big banks is probably a good thing for the consumer alternately. dennis: okay. one last point. it just seems other agencies an ounce rulemaking, ask for comment. it seems like this agency rules by punishment. it goes out, strings of some guy and lenses them and then says @%w we have some new rules.

>> i think that really is the impression. the cfpb through a number of reasons seems to be focusing on putting out enforcement actions and staying away from telling industries what they can expect fairly deregulation. dennis: this just seems to be this anti bank banned after this big consumer protection board. i think it's a bad development. thank you for being with us. >> thanks. dennis: okay. -ime for look is stories you're clicking on tonight. stocks closing slightly higher after vacillating between small gains and losses. despite a startling drop in new-home sales which send money to bonds and gold. the 13 year reign of microsoft's chief is coming to an end. the search for a new ceo has begun. valued at some 600 billion.

now it's down to 270 billion. ahead, central banks around the world should not cut off their easing money policies. kristine lagard said europe and japan still need help. she spoke at the federal reserve annual compass -- fly-fishing extravaganza. president obama's that law schools in the u.s. should be cut down to two years instead of three. students learn all they need from a classroom in two years. i am wondering who asked him. it is all part of this 2-day bus tour promoting ways to cut costs for students. those are some of the house stories right now on foxbusiness.com. and coming up, mortgage rates jumping. home sales plummeting. is this housing market recovery really for real? and next, officials say it was only a 30 minute problem at the nasdaq. why was that stock trading shut down running for three hours just today? we will take a look at the mixed messages on the flash freeze.

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♪ >> from the fox business studios in new york city, it's "the willis report." ♪ dennis: what is a crisis without a great nickname? the n freeze, a public-relations nightmare. the mysterious glyphs a grounded trading to a halt also resulted in gobbledegook statements that no one could understand. joining me now, managing director at chaplain capital investments and the president and cio of ng capital group. thank you for being with us. i want you to listen to a sound bite from the ceo of nasdaq talking to liz claman earlier today. first give a listen. >> well, our communications system worked well yesterday. it could always be improved.

the first order of business is to focus on solving the problem and then deal wiih people directly involved with the problem. in one of those open lines we have people representing our issues on the call. they were there to give regular updates. the formal update out after the close of trading which wanted to do. i think we did well. dennis: let's start with you. communications system worked well? at think we've worked well. as you been smoking? >> i don't think so. honestly, if he has then i have. i think they did a great job. if you really understand the nasdaq, it's different than the new york stock exchange. this is a very decentralized trading system priest had been shut down for a half-hour and get it back up, they did a pretty good job. dennis: first of all, it was three hours. second of all, traders, investors, nasdaq listed companies went for hours without any explanation. we in the public and more and

partly we in the media are waiting for them to say something to read when they finally say it is utterly indecisive. how do you think the nasdaq fair? >> on a public relations scale, of course you are totally right. there was no communication. no communication is bad and creates fear. however, i think the situation here is so much better than we had two years ago. what we saw were stocks that were $30 cut down the dollar. i think when he says week faired pretty well, the massive amounts of money or not lost and we still have the market opening. continuing to trade seamlessly. from of pr standpoint, everyone was angry, but also the market. the market was telling us, there was no terrorism. this was not any kind of -- dennis: all right. the thing is -- go head.

>> it looks like to against one. dennis: two against one. the thing is, what hillary is saying, nasdaq did not do that, we did. investors and traders. we are the ones who held their head and did not panic. now, the thing i keep thinking about is that where this outage hurt worst was high-frequency traders who were putting in thousands of trades per microsecond, executing a small number trying to manipulate the spreads and making bold and little quarter pennies on their different trades. those guys must've been going crazy. what do you know? >> and that is exactly -- i completely agree because what they do is trade in 40 to 60 milliseconds. at some point they had an open position. they're used to buying something and simultaneously selling within 40 to 60 milliseconds. they were short on one side. when it opened up i guarantee you there will be a lot of lawsuits coming from some of

those traders saying we were damaged because of this. get ready for that. >> there is going to be more litigation. the nasdaq just settled with the sec, $10 million over the facebook debacle. now, bob learned a lesson there, and that was don't open your mouth and don't talk until you are really sure about what goes on. in this case it worked to his detriment. however, let's not forget september 11th, 2001, the nasdaq kept trading. nasdaq stepped in. what we see here is the competition can be good and helping. dennis: oh, but hillary, that was so 12 years ago. heroic and. >> it showed the importance of technology. and we cannot forget what the nasdaq has become. going to a controlled company to a publicly traded nasdaq. dennis: let's go back. >> i like this hillary.

i really like her. dennis: when something like this goes wrong, which would you prefer as a guy in the business, that the ceo of the nasdaq comes out right away and says we are looking into it. right now i don't know anything. he stays on tv and is talking all day. or would you prefer other silence and then at the end of the day they come out with some incomprehensible statement? >> of course that technology in getting that back up and going is great. from the standpoint of communication, you have to communicate because people will naturally get fearful without knowledge. people will start doing things they should not do. absolutely should have had better communication. dennis: hillary. >> just remember -- dennis: i have a question. my questions are far more important than your answers. [laughter] but it occurs to me, everyone saying this will further undermine confidence among small investors. really couldn't you give a message until small investors

that this should not undermine your confidence? this is not worth worrying about. >> it isn't worth worrying about because we saw the proof is in how the market closed. it closed at. we were able to jump right back in there. we should never forget that bothers the tech guide. he has led the nasdaq to a global international success, a lot of foreign companies public and does so much more. maybe he's not the best communicator, but he is an awfully great technology guy. dennis: also supposed to be a very generous guy. think he will be sending bottles of champagne to both of you. some of the best news he has had in 48 hours. thank you for being with us. have a great weekend. now we want to know what you guys think. here is our question. does the nasdaq freeze make you afraid to invest? log on to gerriwillis.com and

vote on the right hand side of the screen. we will share the results of the end of the show. coming up all next week in the 6:00 p.m. eastern hour on fox business, nine of me and all charles payne. he will demystify the stock market, helped you share your fear and prepare for a more prosperous future in the can't miss special, making your market. this guy is great. takes a hit. again, that is all next week. you will make some money. when we come back forget your smart phone. your dishwasher may be spying on you. we will explain. next economists keep saying the housing market is recovering. new numbers show that may not be the case. stay with us. ♪ every day we're working to be an even better company -

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dennis: sales of new homes plunging to a 9-month low, dropping 30 and a half percent in july from june. mortgage rates are still taking up as the housing recovery losing steam. with more on this, anthony sanders, real estate professor at george mason university. thank you for being with us. i know one month does not a trend make. >> i was predicting this a while ago. when interest rates and mortgage rates started to creep up we started watching mortgage purchase applications nosedive. mortgage refinance rates nosedived. new home sales went nosediving as well. so this -- bernanke has bought the house in bubble. dennis: is that a good or bad thing for the economy?

>> i think we made a big mistake in the last decade. we put all our eggs in the housing basket. the economy crashed. i think it's better that we treat housing more as a consumption good rather than an investment good and get back and start doing real investments in this country. dennis: the problem is that with housing it's a nice multiplier effect for the rest of the economy for growth. when housing sales and get it turns out home depot sells most of to fix up the house. terms of employment is better for construction. are you worried slowdown is actually going to hurt economic growth? >> they will, of course. the point in trying to make is that we have superb numbers in the last decade based on housing. very low unemployment. higher unemployment rates. the housing sector is gone away. i don't think this is really going to of manifest itself in the something positive.

dennis: okay. it seems to me that maybe home buyers and owners have become a little addicted to the idea of really scant, low interest rates. if you look at where 30-year mortgages have gone, and tens of the actual increase in the price you have to pay, it is in some months that i should just give up my dream. we are running something right now showing mortgage rates. what do you think? >> again, mortgage rates are near all-time lows. the bad news is that people at the margin are still looking and rising rates. again, when we have a stalled economic recovery, 75 percent of new jobs that are created a part-time and $700 trillion spin off balance sheet liabilities that we have to pay for. i don't think there's a lot of confidence out there in the economy to begin with there actually going to manifest itself very quickly. dennis: rather than getting people to not buy homes, why

shouldn't they prod more people to speed up and go ahead and buy now? do you think rates will go only a premier? is someone is shopping for a moment to be smarter to buy now? >> a couple of us to follow this have been reviewing that story. people who actually jump ahead when they think rates will go up. we just all see that evidence occurring. we will rates go up? absolutely. i think the fed has kind of lost control of the interest-rate market. still buying 88 billion per month. it's just not doing much good anymore. rates keep rising. rates will go up. one hundred, maybe even 200 basis points. dennis: aren't they just kind of a sign of a stronger economy than we think? aren't they just in some way contradicting the very economic sluggishness we have been talking about? >> on the one hand ordinarily in a normal economy, yes. rising rates are indicative of the fact the economy s growing

and healing. take a look the employment numbers, gdp growth. it's just stalled, yet rates are rising. why? because the other side of that is that investors around the world will start demanding a risk premium from the u.s. treasury for holding the debt. dennis: right. although let us point out the u.s. treasury is still by far the lowest risk acid you combine of any government bonds anywhere around the world. the one eyed man is king in the kingdom of the blind. dennis: -- >> remember that dave hamilton steady from quito. its 700 trillion. the rest of the world knows we cannot pay and off. dennis: all right. you are depressing me. but will do is rappee right now. thank you very much for being with us. have a great weekend. okay. still to come, not just the

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♪ dennis: cisco calls it the internet of everything. more products than ever before linking up to the internet, we're talking security alarms and a power mears, refrigerators, even dishwashers. they're is a dark side. joining me now, adam levin,

chairman of identity theft. thank you for being with us. we appreciate it. i remember years ago in the early 90's we did an interview with this big digital soothsayer guy. the next big thing after the internet. things that think and link. winking of things to the internet. twenty years later it is happening. maybe this is not such a good thing. why? >> well, the concern is that innovation empowers us. but innovation and technological advances that empower us also can create vulnerabilities. and the more data that is collected about us and the more conduit's there are into our lives and weighs the some of these devices can actually be looking at us recording what we do , creating behavioral tracking gives people an opportunity to not only have a better idea of what we're doing, but where we

are and when we do what we do so that they can plan strategies whether it is stocking, burglarizing, or using the internet as a conduit not only to bounce off these devices but to crawl into things like the computers will use to connect to them whether routers that connect us. and then all of a sudden we have a problem where someone can create identity of scenarios. dennis: for viewers, the reason companies that make these devices would want to hook up to the internet, your refrigerator since it has its own belt and said the engine to my it sends out an e-mail to the repair shop and they have a guy schedule to come fix it before he even knew there was a problem. electric meters to be read with the truck driving by. you would have to send the guy into the home to look if the meter. the spill by categories. i can see why your cable television box in your tv screen. i don't want people knowing now what is the spice channel.

>> the problem is that they can, if they hacked into the system -- and senator schumer sounded the alarm a few weeks ago. there was a flaw in the samsung's system which they said they patched. we don't know whether it exists in other systems. you don't want this to be watching you. you don't want it to be recording you. let's say something is going on in the living room that is very private. you don't need to share that with potentially millions of people. if someone were to record and release it. you also don't need to know if someone who you don't know just to figure out what your patterns are for the purpose of being able to better zero win on how to get to you. for instance, the repairman the shows up your door may not be of repairperson. it may be someone sent by the hacker. could be nefarious reasons. these are areas of great concern. dennis: we have to wrap. appreciate you being here. let's run down the west. your dishwasher, clothes dryer,

toaster, clock radio, lights, heat, ac, security alarms, and so on palms, it pacemakers. for me it's still the television. thank you for being with us. >> thank you. dennis: also, the next batman. brilliant choice or bogus? one of the top trending has tax on twitter was better batman then been affleck. we thought we would put together our list. the worst casting of super heroes. tonight's top five. number five post a two actors, george clooney and chris o'donnell. cluny had his moments. the spare me the visible nipples on his costume. the won hit wonder. and next up, edward norton, the incredible hulk. no one really knows why. it did not make the same mistake twice. very publicly dumping him. and our pick for number three,

write ann reynolds says the green lantern. talk about bad reviews. a flop at the box office. number two, nicolas cage. the second time playing johnny blaze. the vengeful motorcycle rider. the number one totally miscast superhero is ben affleck. not as bad man. the 2003 film the dare devil. he joked that he would never play a super hero again. many fans will she had kept that promise. we will be right back with the answer to our question of the day. does the nasdaq freeze make you afraid to invest? man up. ♪ (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade.

because i don't trade like everi'm with scottrade. me (announcer) scottrade. awarded five-stars from smartmoney magazine.

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>> regulators want to take a closer look after the latest glitch brought nasdaq to a halt in trading for three hours. afraid to invest? we asked this, and 31% said, yes, it does. 69%, the brave among us, said no. on to other topics.

e-mails that recent fight for wages, david from arkansas says no way should the minimum wage be $15. up employment goes through the roof, and fast food can raise prices or cut the work force. minimum wage is for beginning work. when you do a good job, get experience, and make more money. minimum wage is not for life. well told. another says, fast food workers should be paid at least enough per hour to afford medical insurance and stay off food stamps. why should the taxpayers subsidize the ceo pay and fork out the bucks, not us. same for walmart. to e-mail the show, go to gerriwillis.com, and next week, there's a special series "making your market," they are not for institutional investors, but everyday people who are too afraid, too confused, too unsure to invest. charles payne will give you a

main street view of the market starting monday at six. meanwhile, that's all for tonight's "willis report," i'm dennis kneale. thanks for joining us. it's been a great week. have a great weekend. ♪ lou: thank you for being with us, president obama's middle east policies are no more coherent tonight than two and a half years ago when he insisted on mubarak's departure from power. the administration's lack of a clear foreign policy objective in eggpt dpled to the overthrow of mubarak. the muslim brotherhood's asession to power, and now the secular military's removal of egyptian president morsi and the violent and deadly clashes between security forces and morsi supporters that have followed. the white house, again today refused to exj -- acknowledge whether they will continue to